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Month: June 2016

Euro 16 – The Fintech Tournament

This post is just a bit fun for anyone who has an interest in footy and fintech, what if the tournament was based on fintech investment – who would be crowned champions of Europe?

Euro 16 – Fourth Place – Germany

Die Mannschaft would finish the tournament in fourth place, investors in Germany have put in over $80 million. Berlin leads the way and puts the German fintech scene on the map with almost half the firms based there, German financial centre Frankfurt also contributes to Germany’s success, with quite a few fintechs based in the city.

Euro 16 – Third Place – Netherlands

The Dutch missed out on this year’s tournament as they finished behind Czech Republic, Iceland and Turkey in Group A to miss out on their first Euro tournament since 1984. However, in the fintech tournament, Oranje qualify and finish the Euros in third place. In 2014 it was reported that the Dutch invested over $300 million in fintech. Companies such as Bitonic, Adyen, and AcceptEmail have helped put Dutch fintech on the map.

Euro 16 Runners-up – Sweden

Sweden, representing the Nordics is the Fintech Euro 16 runner-up. The Nordic region invested over $340 million on fintech, companies such as iZettle which has as a high valuation of $244.04 million puts the Swedes as clear runners-up of the tournament.

Euro 16 Winners – England

The Three Lions are crowned the Fintech Euro 16 tournament champions. Thanks to the London fintech scene, UK fintech firms have a combined value of £1bn. From looking at this number alone, fintech in London has a proven track record and also the pedigree to deliver continued value and forward-thinking startups in any market conditions.